costing thousands in extra interest and fees‚ says Dan Thibeault‚ a co-founder of Graduate Leverage‚ which advises students on funding options. A few hours invested in filling out a Free Application for Federal Student Aid and arranging for federal student loans can save big money and heartache. Federal loan interest rates are fixed‚ so payments won’t rise if rates rise‚ the government provides free insurance‚ so your loans are canceled if you are killed or disabled. The government allows you to defer
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Constitution: 1. Supremacy of National Law: The Constitution and federal law are the supreme law of the land; they pre-empt state constitutions and state law. Article 6‚ section 2 explains that when a dispute occurs between the state and national government the national government pre-empts conflicting state and local laws‚ making them unenforceable. The hierarchy of the law is as follows: - U.S. Constitution. - Federal law (under constitution) and treaties made by the national government
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State and Federal Aid There are many past and rising issues involving public school finance. The public schools system is funded through federal‚ state and local taxes. Each state has different formulas to distribute funding from state and local taxes. Federal funding does contribute to the rising cost of education for each state. State and local taxes is allocated to cover the majority of educational costs. Student achievement depends upon the available funding allotted to each district. This
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known as the ’Public Company Accounting Reform and Investor Protection Act’ (in the Senate) and ’Corporate and Auditing Accountability and Responsibility Act’ (in the House) and more commonly called Sarbanes–Oxley‚ Sarbox or SOX‚ is a United States federal law that set new or enhanced standards for all U.S. public company boards‚ management and public accounting firms. It is named after sponsors U.S. Senator Paul Sarbanes (D-MD) and U.S. Representative Michael G. Oxley (R-OH). As a result of SOX‚ top
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Federal judges are appointed by the President of the United States. The federal judges are placed into a list that is maintained by the American Bar Association (ABA). The ABA maintains the list of federal judge hopefuls‚ who are ranked from well-qualified to not qualified. Most of the list comes from individual state court judges. When there is an opening for a federal judge position‚ the President nominates a candidate for the position. The Senate Judiciary Committee then evaluates the candidate
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Federal Highway Policy: Minimum Legal Drinking Age Ashley Miller American National Government Mark Ladd February 17‚ 2014 The Minimum Legal Drinking Age (MLDA) laws were created in the US after the Prohibition in 1933. AT this time‚ many states set the MLDA at 21. When the voting age was lowered to 18 in 1971‚ many states also lowered their drinking age to 18 or 19 (Fell‚ 2009). After the lowering‚ the amount of alcohol related accidents involving young adults age 18 to
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The Supreme Court of the United States is not only the highest court‚ but it is also the only part of the federal judiciary specifically required by the Constitution.The Constitution also granted Congress the power to establish other courts‚ a power that that was first used in 1789 when Congress created the district and appeals courts‚ which are now called the lower courts. Article III of the Constitution states that‚ “The judicial Power of the United States‚ shall be vested in one supreme Court
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The federal bureaucracy in the United States has many governmental organs‚ such as agencies‚ administrations‚ authorities‚ and commissions‚ to fulfill its duty as instructed by Congress. It is a hierarchical organization that has knowledgeable staff to control all governmental organs’ mechanism without taking any side (University of Kentucky). This essay will analyze and evaluate competitive government‚ privatization‚ decentralization‚ innovation‚ and empowerment over the federal bureaucracy in the
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Federal Reserve System Name Course Institution Instructor Date INTRODUCTION The Federal Reserve is the backbone of the American government financial system. It plays a crucial role in controlling and sustaining the government and nation financial system in a stable and good shape i.e stabilize the economic growth of the country. President Woodrow Wilson has introduced the system from about 100 years ago‚ hence Federal Reserve Act was launched to overcome many issues and obstacles that had occurred
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LESSON 4 1. Summarize the Federal Rules of Evidence in your own words. The Federal Rules of Evidence (F.R.E.) enacted in 1975 and replaced prior centuries of various and sundry judge made caselaw. The F.R.E. is a complex set of statutes or penal codes legislated with the intent of replacing unfair evidentiary submission and/or unnecessary expense and delay among the courts. The basic concept behind the F.R.E. is the need for a consistent and predictable federal rule set that would promote
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